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Promise Healthcare Case Study

Promise Healthcare officials faced an ever-increasing A/R backlog—tipping to more than 97.6 million in outstanding receivables for accounts exceeding 90 days. Promise was cash-strapped and knew to increase cash flow it needed to reduce its A/R days.

Working with nThrive, Promise Healthcare overcame their A/R backlog by making critical changes to resolve nearly 50 percent of accounts and liquidate 13.9M in cash.